Overview
Prudent Growth was founded in 2015 in Chapel Hill, North Carolina, and is a fully integrated investment and property management firm. Our team has a proven track record of delivering successful results for our investors and tenants.
The Prudent Difference
Through our affiliated entities, we are able to collaborate across assets and gain valuable real-time insights into every aspect of our business. This organizational cohesion helps maximize investor returns, results in the best experience for our tenants and residents, and builds value that extends to the surrounding communities.
Prudent Growth Companies
Prudent Growth Partners
Our original firm and the primary investment management arm of our individual ownership entities as well as our PG Fund.
Prudent Growth Operations
Our in-house property management company services and oversees 60+ property locations.
Prudent Growth Contracting
Our licensed general contracting firm handles maintenance needs and upfit work that benefits our tenants.
Prudent Growth Cares
Our community engagement arm builds relationships, advances good, and improves lives in communities where we own properties.
Investment Strategy
All of our properties share similar characteristics, which deliver strong cash flow and IRR to our investors. Investors have opportunities to invest in individual deals or through one of our funds for increased diversification.
Retail Target Criteria:
Multi-Tenant Neighborhood Strip Centers (Anchored or Unanchored)
7.0% or Higher Initial Cap Rate, 10% or Higher with 5-year NOI Growth Potential
Class B Value-Add Properties with 6 or More Tenants
Stable or Growing 50,000+ Population within a 10-mile Radius of the property
Geographic Focus: Southeast and Southern Midwest
$3-15 Million Purchase Price
80+% Occupancy
No Active Environmental Issues